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  4. North Bay Resources Inc (NBRI) Message Board

NBRI Snapshot Transitioning from an exploration

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Post# of 144
Posted On: 02/24/2012 3:31:32 PM
Posted By: gemstone57

NBRI Snapshot

Transitioning from an exploration company to a gold producer in 2012
Low O/S, low float, majority owned by insiders
NBRI has now acquired the historic Ruby Gold Mine in the Motherlode District of Northern California
Total resource is estimated to contain up to 500,000 ounces of gold
Fully-permitted and ready to resume production this year
The Ruby Mine is famous for its jewelers-grade gold nuggets, the largest of which (so far) weighs 201 ounces
Annual revenue from on-going Joint-Ventures in Canada.
$5M equity credit line in place
Non-dilutive EB-5 funding of $7.5 million in the pipeline
Planning to acquire additional operating mines in the western United States region


This is the condensed version - Full StockGuru Profile Found Here:
http://www.stockguru.com/about/nrbi/  




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